Blackstone Group (BX) FY2024 10-K Annual Report

Filed: Feb 28, 2025
Financials
Investment AdviceSEC EDGAR

Blackstone Group (BX) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 28, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Blackstone Group FY2024 10-K Analysis

Business Overview

  • Core business model: investment management earning management fees from multiple asset classes including Real Estate, Private Equity, Credit & Insurance, and Multi-Asset Investing
  • No new products or segments explicitly introduced; fee structures detailed with ranges across all existing segments
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed; focus on risk exposures and sensitivities to currency and interest rate changes
  • Estimated 10% decline in foreign currency exchange rates would reduce 2024 management fees by $52.4M and unrealized performance allocations by $683.9M
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Risk Factors

  • Regulatory compliance risk: error delayed Form 4 SEC filing Aug 2, 2024 due to filing agent software failure, refiled same day
  • Geopolitical/exposure: no specific geopolitical or macroeconomic threat detailed in text
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Blackstone Group FY2024 Key Financial Metrics
XBRL

Revenue

$13.2B

+64.9% YoY

Net Income

$2.8B

+99.6% YoY

Net Margin

21.0%

+365bp YoY

ROE

33.8%

+1341bp YoY

Total Assets

$43.5B

+7.9% YoY

EPS (Diluted)

$3.62

+96.7% YoY

Operating Cash Flow

$3.5B

-14.2% YoY

Source: XBRL data from Blackstone Group FY2024 10-K filing on SEC EDGAR. All figures in USD.

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